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Side-by-side financial comparison of FTI CONSULTING, INC (FCN) and ON Semiconductor (ON). Click either name above to swap in a different company.

ON Semiconductor is the larger business by last-quarter revenue ($1.6B vs $990.7M, roughly 1.6× FTI CONSULTING, INC). ON Semiconductor runs the higher net margin — 16.4% vs 5.5%, a 10.9% gap on every dollar of revenue. On growth, FTI CONSULTING, INC posted the faster year-over-year revenue change (10.7% vs -10.0%). ON Semiconductor produced more free cash flow last quarter ($372.4M vs $351.4M). Over the past eight quarters, FTI CONSULTING, INC's revenue compounded faster (3.3% CAGR vs -12.3%).

FTI Consulting is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, technology and strategy consulting. FTI Consulting employs more than 7,700 staff in 31 countries and is one of the largest financial consulting firms worldwide.

Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits. Schlumberger bought the firm in 1979 and sold it to National Semiconductor in 1987; Fairchild was spun off as an independent company again in 1997. I...

FCN vs ON — Head-to-Head

Bigger by revenue
ON
ON
1.6× larger
ON
$1.6B
$990.7M
FCN
Growing faster (revenue YoY)
FCN
FCN
+20.7% gap
FCN
10.7%
-10.0%
ON
Higher net margin
ON
ON
10.9% more per $
ON
16.4%
5.5%
FCN
More free cash flow
ON
ON
$21.0M more FCF
ON
$372.4M
$351.4M
FCN
Faster 2-yr revenue CAGR
FCN
FCN
Annualised
FCN
3.3%
-12.3%
ON

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FCN
FCN
ON
ON
Revenue
$990.7M
$1.6B
Net Profit
$54.5M
$255.0M
Gross Margin
31.1%
37.9%
Operating Margin
9.4%
17.0%
Net Margin
5.5%
16.4%
Revenue YoY
10.7%
-10.0%
Net Profit YoY
9.7%
-32.9%
EPS (diluted)
$1.77
$0.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FCN
FCN
ON
ON
Q4 25
$990.7M
$1.6B
Q3 25
$956.2M
$1.5B
Q2 25
$943.7M
$1.4B
Q1 25
$898.3M
Q4 24
$894.9M
$1.7B
Q3 24
$926.0M
$1.8B
Q2 24
$949.2M
$1.7B
Q1 24
$928.6M
$1.9B
Net Profit
FCN
FCN
ON
ON
Q4 25
$54.5M
$255.0M
Q3 25
$82.8M
$170.3M
Q2 25
$71.7M
$-486.1M
Q1 25
$61.8M
Q4 24
$49.7M
$379.9M
Q3 24
$66.5M
$401.7M
Q2 24
$83.9M
$338.2M
Q1 24
$80.0M
$453.0M
Gross Margin
FCN
FCN
ON
ON
Q4 25
31.1%
37.9%
Q3 25
33.3%
37.6%
Q2 25
32.1%
20.3%
Q1 25
32.2%
Q4 24
30.2%
45.2%
Q3 24
32.2%
45.4%
Q2 24
32.8%
45.2%
Q1 24
32.6%
45.8%
Operating Margin
FCN
FCN
ON
ON
Q4 25
9.4%
17.0%
Q3 25
12.3%
13.2%
Q2 25
10.5%
-39.7%
Q1 25
8.8%
Q4 24
5.9%
23.7%
Q3 24
9.8%
25.3%
Q2 24
11.0%
22.4%
Q1 24
10.7%
28.2%
Net Margin
FCN
FCN
ON
ON
Q4 25
5.5%
16.4%
Q3 25
8.7%
11.6%
Q2 25
7.6%
-33.6%
Q1 25
6.9%
Q4 24
5.6%
22.1%
Q3 24
7.2%
22.8%
Q2 24
8.8%
19.5%
Q1 24
8.6%
24.3%
EPS (diluted)
FCN
FCN
ON
ON
Q4 25
$1.77
$0.63
Q3 25
$2.60
$0.41
Q2 25
$2.13
$-1.15
Q1 25
$1.74
Q4 24
$1.39
$0.88
Q3 24
$1.85
$0.93
Q2 24
$2.34
$0.78
Q1 24
$2.23
$1.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FCN
FCN
ON
ON
Cash + ST InvestmentsLiquidity on hand
$265.1M
$2.9B
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$1.7B
$7.9B
Total Assets
$3.5B
$13.0B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCN
FCN
ON
ON
Q4 25
$265.1M
$2.9B
Q3 25
$146.0M
$2.8B
Q2 25
$152.8M
$3.0B
Q1 25
$151.1M
Q4 24
$660.5M
$3.0B
Q3 24
$386.3M
$2.8B
Q2 24
$226.4M
$2.7B
Q1 24
$244.0M
$2.6B
Total Debt
FCN
FCN
ON
ON
Q4 25
$3.4B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
Q4 24
$0
$3.4B
Q3 24
$3.4B
Q2 24
$60.0M
$3.4B
Q1 24
$205.0M
$3.4B
Stockholders' Equity
FCN
FCN
ON
ON
Q4 25
$1.7B
$7.9B
Q3 25
$1.7B
$7.9B
Q2 25
$1.9B
$8.0B
Q1 25
$2.1B
Q4 24
$2.3B
$8.8B
Q3 24
$2.3B
$8.6B
Q2 24
$2.1B
$8.3B
Q1 24
$2.1B
$8.1B
Total Assets
FCN
FCN
ON
ON
Q4 25
$3.5B
$13.0B
Q3 25
$3.5B
$13.1B
Q2 25
$3.5B
$13.3B
Q1 25
$3.3B
Q4 24
$3.6B
$14.1B
Q3 24
$3.5B
$13.9B
Q2 24
$3.4B
$13.7B
Q1 24
$3.3B
$13.5B
Debt / Equity
FCN
FCN
ON
ON
Q4 25
0.43×
Q3 25
0.43×
Q2 25
0.42×
Q1 25
Q4 24
0.00×
0.38×
Q3 24
0.39×
Q2 24
0.03×
0.41×
Q1 24
0.10×
0.42×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FCN
FCN
ON
ON
Operating Cash FlowLast quarter
$359.8M
$418.7M
Free Cash FlowOCF − Capex
$351.4M
$372.4M
FCF MarginFCF / Revenue
35.5%
24.0%
Capex IntensityCapex / Revenue
0.8%
3.0%
Cash ConversionOCF / Net Profit
6.60×
1.64×
TTM Free Cash FlowTrailing 4 quarters
$93.6M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCN
FCN
ON
ON
Q4 25
$359.8M
$418.7M
Q3 25
$201.9M
$184.3M
Q2 25
$55.7M
$602.3M
Q1 25
$-465.2M
Q4 24
$315.3M
$579.7M
Q3 24
$219.4M
$465.8M
Q2 24
$135.2M
$362.2M
Q1 24
$-274.8M
$498.7M
Free Cash Flow
FCN
FCN
ON
ON
Q4 25
$351.4M
$372.4M
Q3 25
$187.0M
$106.1M
Q2 25
$38.3M
$454.7M
Q1 25
$-483.0M
Q4 24
$301.6M
$434.8M
Q3 24
$212.3M
$293.6M
Q2 24
$125.2M
$207.7M
Q1 24
$-279.5M
$276.3M
FCF Margin
FCN
FCN
ON
ON
Q4 25
35.5%
24.0%
Q3 25
19.6%
7.2%
Q2 25
4.1%
31.5%
Q1 25
-53.8%
Q4 24
33.7%
25.2%
Q3 24
22.9%
16.7%
Q2 24
13.2%
12.0%
Q1 24
-30.1%
14.8%
Capex Intensity
FCN
FCN
ON
ON
Q4 25
0.8%
3.0%
Q3 25
1.6%
5.3%
Q2 25
1.8%
10.2%
Q1 25
2.0%
Q4 24
1.5%
8.4%
Q3 24
0.8%
9.8%
Q2 24
1.1%
8.9%
Q1 24
0.5%
11.9%
Cash Conversion
FCN
FCN
ON
ON
Q4 25
6.60×
1.64×
Q3 25
2.44×
1.08×
Q2 25
0.78×
Q1 25
-7.52×
Q4 24
6.34×
1.53×
Q3 24
3.30×
1.16×
Q2 24
1.61×
1.07×
Q1 24
-3.44×
1.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FCN
FCN

Corporate Finance Segment$423.2M43%
Forensic And Litigation Consulting$192.9M19%
Economic Consulting$176.2M18%
Strategic Communications$99.4M10%
Other$99.0M10%

ON
ON

Industrial Segment$426.3M27%
Other End Markets Segment$337.3M22%
Intelligent Sensing Segments$284.0M18%
Direct Customers$282.4M18%
Intelligent Sensing Group$230.0M15%

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